KLCM Advisors Inc. Takes $2.33 Million Position in Fiserv, Inc. $FISV

KLCM Advisors Inc. purchased a new stake in shares of Fiserv, Inc. (NASDAQ:FISV) during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor purchased 34,740 shares of the business services provider’s stock, valued at approximately $2,333,000.

A number of other institutional investors have also recently made changes to their positions in the company. Vanguard Group Inc. purchased a new stake in Fiserv in the fourth quarter worth approximately $3,507,063,000. Capital World Investors boosted its holdings in Fiserv by 35.2% in the third quarter. Capital World Investors now owns 25,781,919 shares of the business services provider’s stock worth $3,324,073,000 after purchasing an additional 6,714,536 shares during the last quarter. Legal & General Group Plc boosted its holdings in Fiserv by 3.8% in the third quarter. Legal & General Group Plc now owns 3,638,031 shares of the business services provider’s stock worth $469,051,000 after purchasing an additional 131,935 shares during the last quarter. Barclays PLC boosted its holdings in Fiserv by 116.0% in the third quarter. Barclays PLC now owns 3,528,906 shares of the business services provider’s stock worth $454,982,000 after purchasing an additional 1,895,349 shares during the last quarter. Finally, Dimensional Fund Advisors LP boosted its holdings in Fiserv by 24.0% in the third quarter. Dimensional Fund Advisors LP now owns 3,138,413 shares of the business services provider’s stock worth $404,687,000 after purchasing an additional 607,213 shares during the last quarter. Hedge funds and other institutional investors own 90.98% of the company’s stock.

Analyst Ratings Changes

Several brokerages recently issued reports on FISV. Stephens dropped their target price on shares of Fiserv from $75.00 to $70.00 and set an “equal weight” rating on the stock in a report on Wednesday, February 11th. TD Cowen restated a “hold” rating on shares of Fiserv in a report on Monday, January 12th. Wells Fargo & Company dropped their target price on shares of Fiserv from $72.00 to $62.00 and set an “equal weight” rating on the stock in a report on Friday, March 27th. B. Riley Financial dropped their target price on shares of Fiserv from $69.00 to $66.00 and set a “neutral” rating on the stock in a report on Wednesday, May 6th. Finally, Tigress Financial restated a “buy” rating and issued a $95.00 target price on shares of Fiserv in a report on Wednesday, March 11th. Eight analysts have rated the stock with a Buy rating, twenty-seven have given a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, Fiserv presently has an average rating of “Hold” and an average target price of $87.21.

Fiserv Stock Down 2.0%

Shares of FISV stock opened at $54.39 on Tuesday. The company has a market capitalization of $29.00 billion, a price-to-earnings ratio of 9.22, a PEG ratio of 1.72 and a beta of 0.84. Fiserv, Inc. has a one year low of $52.91 and a one year high of $191.91. The company’s fifty day moving average price is $58.82 and its 200-day moving average price is $64.67. The company has a debt-to-equity ratio of 1.06, a current ratio of 1.06 and a quick ratio of 1.06.

Fiserv (NASDAQ:FISV) last announced its quarterly earnings data on Tuesday, May 5th. The business services provider reported $1.79 EPS for the quarter, beating the consensus estimate of $1.57 by $0.22. The firm had revenue of $4.68 billion for the quarter, compared to the consensus estimate of $4.73 billion. Fiserv had a net margin of 15.17% and a return on equity of 17.46%. Fiserv’s revenue was down 2.0% compared to the same quarter last year. Fiserv has set its FY 2026 guidance at 8.000-8.300 EPS. Sell-side analysts expect that Fiserv, Inc. will post 8.14 EPS for the current fiscal year.

Fiserv Company Profile

Fiserv, Inc, founded in 1984 and headquartered in Brookfield, Wisconsin, is a global provider of financial services technology. The company develops and delivers integrated solutions for payments, processing, risk and compliance, customer and channel management, and business insights and optimization. Serving thousands of clients, Fiserv supports banks, credit unions, securities broker-dealers, leasing and finance companies, and retailers.

Fiserv’s core offerings include account processing systems that automate deposit, lending and transaction processing for financial institutions, as well as digital banking platforms that enable mobile and online banking services.